With articleship any other business is allowed by icai?
This query is : Resolved
05 June 2014
it is allowed by icai as along with article ship any other business doing by student? and file income tax return for those other business?
05 June 2014
Active interest in business is not allowed. However, the articled trainee can be a sleeping partner or non executive director or a co-parcener / member of huf not active in the family business, that too with prior permission of ICAI.
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